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Satsuma (formerly Tao Alpha) Raises Over £100M to Advance AI and Bitcoin Deployment

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MetaEra
251Words
Jul 24, 2025

On July 24 (UTC+8), listed company Satsuma (formerly Tao Alpha) announced the completion of a convertible bond financing of over £100.00M and the launch of its third round of financing, with the minimum subscription threshold reduced to $100,000.00, expected to end on July 28. The funds will be used to expand its business and promote the construction of Bitcoin and decentralized AI infrastructure. CEO Henry Elder has officially joined the board of directors as an executive director. [Source: PANews] [MetaEra]

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